Farmmi, Inc. Announces Grand Opening of New Warehouse in New Jersey
Rhea-AI Summary
Farmmi Inc (Nasdaq: FAMI) announced the opening of its new 49,800 square feet warehouse in Somerset, New Jersey on March 27, 2025. The facility, operated by Farmmi USA Inc, represents a strategic expansion of the company's logistics operations on the U.S. East Coast.
The new logistics hub aims to enhance warehousing capabilities, streamline operations, and reduce shipping costs for customer orders in the Eastern U.S., while shortening delivery times. According to CEO Yefang Zhang, this expansion strengthens Farmmi's market competitiveness and operational efficiency in line with their long-term strategic goals.
Positive
- New 49,800 sq ft warehouse expansion increases operational capacity
- Strategic East Coast presence expected to reduce shipping costs
- Improved delivery times for Eastern U.S. customers
- Enhanced logistics efficiency and distribution capabilities
Negative
- None.
LISHUI,
The new logistics hub, operated by Farmmi's
Ms. Yefang Zhang, Chairwoman and CEO of Farmmi, commented:
"As an agricultural products supplier and distribution logistics services provider, we are dedicated to optimizing our distribution network to better serve our growing customer base with high-quality products. The official launch of our
About Farmmi, Inc.
Founded in 1998, Farmmi, Inc. (Nasdaq: FAMI) is an agricultural products supplier, processor and logistics service provider, with a focus on edible mushrooms (including shiitake and wood ear mushrooms) and other agricultural products. The Company distributes high-quality agricultural goods to the global market primarily through its established distribution channels. For more information, please visit the Farmmi official website.
Forward-Looking Statements
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Such offers may only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws.
Certain statements in this press release regarding the Company's future growth prospects are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such statements. These risks and uncertainties include, but are not limited to: our ability to secure financing on favorable terms, customer order fulfillment, earnings volatility, exchange rate fluctuations, our ability to manage growth, the ability to generate revenue from business expansion and acquisitions, our ability to attract and retain qualified professionals, customer concentration, segment concentration, and other factors affecting the general economic conditions of the industry. Further information regarding these and other risks is included in the Company's filings with the
For more information, please contact:
Farmmi, Inc.
Investor Relations
Tel: +86-0578-82612876
ir@farmmi.com
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SOURCE Farmmi, Inc.